Violation Tracker Individual Record

Company: 
Tyco International
Current Parent Company: 
Johnson Controls
Penalty: 
$70,200,000
Year: 
2009
Date: 
November 23, 2009
Offense Group: 
employment-related offenses
Primary Offense: 
benefit plan administrator violation
Secondary Offense: 
pension ERISA violation
Violation Description: 

The settlement amount here refers only to the ERISA portion of a larger case.

Level of Government: 
federal
Action Type: 
private litigation
Court: 
District of New Hampshire
Civil or Criminal Case: 
civil
Case ID: 
1:02-md-1335
Case Name: 
In re: Tyco Securities Litigation, et al
Private Lawsuit Resolution Type: 
settlement
HQ Country of Parent: 
Ireland (reincorporated for tax reasons)
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
automotive parts
Specific Industry of Parent: 
automotive parts; business services
Link to PACER Case Docket (must be logged in): 
Link to Archived Court Document: 
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.